February 16, 2017:
Cabot Aviation, a division of Air Partner plc and a leading aircraft remarketing agent, will be renamed Air Partner with immediate effect.
Air Partner acquired Cabot Aviation in May 2015 and the re-branding is a natural progression in the integration process, reflecting the success to date. Post acquisition, Cabot has been able to offer its clients the benefits of Air Partner's PLC status (the group is fully listed on the London Stock Exchange), financial strength, culture of best practice corporate governance, financial transparency, international office infrastructure and global supplier network.
Cabot Aviation will become part of Air Partner's newly-formed Aircraft Remarketing division, holding responsibility for all aircraft remarketing (commercial and private), dry leasing and ACMI within the Air Partner group globally. The division will continue to operate out of Air Partner's head office in Gatwick along with its offices in the USA and Singapore, and there will be no change to day-to-day activities.
Commenting on the re-branding of Cabot Aviation to Air Partner, Tony Whitty, managing director at Cabot Aviation, said: “The integration of Cabot into the Air Partner group has gone extremely well, and we believe the time is now right to take the Air Partner name and brand. Since the acquisition, we have gone from strength to strength, winning a number of blue-chip customers, and we are now looking to further build on this as Air Partner.”
Mark Briffa, CEO of Air Partner plc, added: “We have been pleased with Cabot's performance since they came on board back in 2015, and they have become an integral part of the Air Partner family. This move is the next logical step for us as we grow our brand and extend our customer offering in line with our strategy to build a world-class aviation services group.”
Press release issued by Air Partner.